{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-003367","form_type":"8-K","ticker":"SYPR","cik":"0000864240","company_name":"SYPRIS SOLUTIONS INC","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.307302+00:00","generated_at":"2026-06-19T14:58:39.873839+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sypris grants performance-vesting stock options to CEO, CFO, and VP based on 2023 pre-tax income targets","bullets":["Board approved 2023 Performance Option Awards: Jeff Gill (60k-100k), Richard Davis (40.8k-68k), Anthony Allen (24k-40k) shares.","Vesting tied to quarterly Pre-Tax Income targets: threshold at 81%, maximum at 90% of annual operating plan.","Cumulative 2023 Pre-Tax Income must reach at least 70% for any options to vest; unvested options forfeit on termination except death/disability.","Service-vesting requires continued employment through April 1, 2024; performance determined by Compensation Committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-003367","json":"https://secwatch.observer/filing/0001437749-23-003367.json","markdown":"https://secwatch.observer/filing/0001437749-23-003367.md","text":"https://secwatch.observer/filing/0001437749-23-003367.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864240/000143774923003367/0001437749-23-003367-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864240/000143774923003367/sypr20230213_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T14:58:39.873839+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}